Spearheaded by the Chamber with significant participation from the City of Boulder, which provided $200,000 toward a challenge grant, and Zayo Group and Zayo co-founder Dan Caruso and his wife Cindy, who added $50,000 to bring the total challenge amount to $250,000.

The fund will match dollar-for-dollar donations made to the fund, designed to help Boulder small businesses.

On the podcast, John shared that Google has just added $50,000 to the pool, which, with the city’s matching funds, brings the current value of the pot to $100,000. The grants, which will go up to $2,500, target small Boulder businesses with 50 employees and less.

John says the fund, administered by the nonprofit Community Foundation Bounder County, will disburse these grants as soon as early May. The Chamber will open applications soon.